Matt Hougan: Bitcoin's volatility is now even lower than Nvidia's over the past year On December 27, Bitwise CIO Matt Hougan and ReserveOne CIO Sebastian Bea joined CNBC for an interview discussing how institutional investors are reshaping Bitcoin market dynamics. Matt Hougan pointed out that Bitcoin's volatility over the past year is even lower than Nvidia's. Sebastian Bea noted that institutions follow strategic asset allocation ratios, requiring them to buy or sell when prices hit specified ranges, which acts as a stabilizer for Bitcoin's volatility. Additionally, institutional investment cycles span up to 30 years, so they don't focus on the four-year cycle but rather on the asset itself. Both emphasized that Bitcoin has moved past the legal gray area of five years ago and entered a mature phase with qualified custodians and SEC-regulated ETFs. Source: CNBC Television